RNS Number:6003T
Japanese Accelerated Perf Fund Ltd
23 December 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

JAPANESE ACCELERATED PERFORMANCE FUND LIMITED

2. Name of shareholder having a major interest

BFS ABSOLUTE RETURN TRUST LTD.

3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

SHAREHOLDER NOTED ABOVE

4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

NUTRACO NOMINEES LIMITED A/C R849

5. Number of shares / amount of stock acquired

1,000,000

6. Percentage of issued class

3.33%

7. Number of shares / amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

PARTICIPATING SHARES OF 0.01P EACH

10. Date of transaction

18 DECEMBER 2003

11. Date company informed

23 DECEMBER 2003

12. Total holding following this notification

1,000,000

13. Total percentage holding of issued class following this notification

3.33%

14. Any additional information



15. Name of contact and telephone number for queries

JOHN R LE PREVOST
ANSON FUND MANAGERS LIMITED
COMPANY SECRETARY

TEL: 01481 722260

16. Name and signature of authorised company official responsible for making
this notification

JOHN R LE PREVOST

Date of notification

23 DECEMBER 2003

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for loss of business or loss of profits) arising in contract, tort or otherwise
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